Riyad Bank · TADAWUL:1010
Riyad Bank — Q2 2024 Earnings Presentation
20 slides from Riyad Bank's earnings presentation, Aug 15, 2024
Slide 1: Earnings Presentation 2Q 2024
w, ot f ‘a ( i t f Earnings Presentation 2Q 2024 f / Ms: ~~ ~~ SSO ~~~ ss ~~~ =~ ee Riyad Bank - Earnings Presentation - 15/08/24
Slide 2: 2Q 2024 Performance Highlights
2Q 2024 Performance Highlights Sustained growth +6% 3.39% +10% 16.1% p q p p Healthy & resilient 1.18% 145.2% 19.5% 84.3% financial position Good progress on refreshed strategy General Business
Slide 3: Strategy Update
|_| Strategy Update Riyad Bank - Earnings Presentation - 15/08/24 General Business
Slide 4: Our ambition is to be the best Bank in KSA
Our ambition is to be the best Bank in KSA Most Profitable Most Efficient Bank of Choice Most Innovative & Digitally Enabled General Business
Slide 5: Progress on strategic initiatives which are driving business growth and enhancing customer experience
Progress on strategic initiatives which are driving business growth and enhancing customer experience Bank of Choice General Business
Slide 6: Progress on strategic initiatives which are driving business growth and enhancing customer experience (Con’t)
Progress on strategic initiatives which are driving business growth and enhancing customer experience (Con’t) Bank of Choice General Business
Slide 7: 2Q 2024 Financial Performance
2Q 2024 Financial Performance Riyad Bank - Earnings Presentation - 15/08/24
Slide 8: Strong growth in profitability supported by fee & other income and improved cost of risk
Strong growth in profitability supported by fee & other income and improved cost of risk p p +5% +6% +10% p +12% -1% p +7% 156.9% 84.3% 16.7% 19.5% General Business
Slide 9: Solid balance sheet expansion driven by growth in loans and investments
Solid balance sheet expansion driven by growth in loans and investments 152 p 8.9 22.2% General Business
Slide 10: Which was funded mainly by NIBs while overall liquidity position remained comfortable
Which was funded mainly by NIBs while overall liquidity position remained comfortable, leaving ample room for growth q q 112.9% 156.9% 84.3% 105.5% General Business
Slide 11: NSCI witnessed a marginal decrease driven by higher cost of funding
NSCI witnessed a marginal decrease driven by higher cost of funding General Business
Slide 12: While fee & other income increased from a strong growth in fees from banking services
While fee & other income increased from a strong growth in fees from banking services 1,431 General Business
Slide 13: Cost efficiency improved sequentially despite ongoing investments
Cost efficiency improved sequentially despite ongoing investments in infrastructure, digital capabilities, and strategic initiatives 55% General Business
Slide 14: Cost of risk improved from proactive risk management, higher recoveries and sustained asset quality
Cost of risk improved from proactive risk management, higher recoveries and sustained asset quality p 145.2% 0.28% 13.2% 49.8% q p p General Business
Slide 15: Together these factors drove the strong growth in profitability
Together these factors drove the strong growth in profitability p 8,085 q 5,514 General Business
Slide 16: Supporting strong and stable capitalization well above regulatory minima
Supporting strong and stable capitalization well above regulatory minima General Business
Slide 17: With all KPIs within expectations
With all KPIs within expectations Loans, Net SAR 291 bn (+6% YTD) NSCI Margin 3.39% (-22bps YTD) Cost to Income 31.8% Cost of Credit Risk 0.58% CET1 14.9% ROAE after Zakat 16.1% General Business
Slide 18: Appendix
| Appendix Riyad Bank - Earnings Presentation - 15/08/24 General Business
Slide 19: Contact the investor relations for more information
Contact the investor relations for more information General Business
Slide 20: Disclaimer
Disclaimer General Business